China's economy is slowing. Here's the case for and against freaking out.

China has just reported that its GDP growth rate, which measures how quickly the economy is growing, was just 7.5 percent for the second quarter of 2013. That's high by American standards, but low by Chinese standards. In fact, China's GDP growth rate has slowed in 11 out of the last 13 quarters. The Chinese slowdown long anticipated by economists appears to have arrived.

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  Reported by Washington Post 8 hours ago.